Net Income Analysis ( % relative to Total Revenue )
Income Statement Guaranty Bank All Insured Commercial Banks in Virginia
Interest and Fees on Loans 1,697 5,804
Income from Lease Financing Receivables — —
38 207
Estimated Tax Benefit from Tax-Exempt Loan Income 20 68
Income on Loans and Leases (TE) 1,717 5,824
Investment Interest Income (TE) 80 1,266
Total Interest Income (TE) 1,815 7,230
Total Interest Expense 227 2,021
Net Interest Income (TE) 1,588 5,168
Non-Interest Income 239 1,467
Adjusted Operating Income (TE) 1,827 6,614
Non-interest Expense 1,302 4,090
Provision for Loan & Lease Losses 30 474
Pretax Operating Income (TE) 495 6,330
Pretax Net Operating Income (TE) 495 6,411
Applicable Income Taxes 141 2,138
Net Operating Income 334 4,150
Net Income 334 4,118
Cash Dividends Declared — 3,260
Retained Earnings 334 2,517